Bitcoin has became one of the most popular cryptocurrencies around the world and has a growing number of applications every day. In case you are also looking to find out how to buy and sell bitcoin currency in India, here's a step-by-step guide for you:

India was one of the few countries that did not allow full-fledged money changers like WU to transfer money abroad. However, the central bank changed the rules last year, issuing this separate licence for companies like WU.

The Financial Intelligence Unit (FIU) under the finance ministry has released a list of nearly 9,500 non-banking financial companies (NBFCs) which have been categorised as 'high risk financial institutions'. The list released by FIU-India on its website shows the names of NBFCs which have been categorised 'high risk' and found non-compliant to the Prevention of Money Laundering Act (PMLA) rules as on January 31.